Cash flow NN Group N.V.

Equities

NN

NL0010773842

Life & Health Insurance

Market Closed - Euronext Amsterdam Other stock markets 16:55:00 11/12/2025 GMT			After hours 20:45:52
63.44 ^EUR	+0.57%		63.67	+0.36%

12-08	NN Group Reduces Its Stake in Alimak to Just Under 5 Percent	FW
12-08	NN Group Reduces Stake in Alimak to Just Under 5 Percent	FW

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Published financial data: NN GROUP N.V.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Premiums and Annuity Revenues	12.6B	12.82B	12.1B	8.17B	8.22B
Total Interest And Dividend Income	3.96B	3.88B	3.95B	-1.72B	-664M
Gain (Loss) on Sale of Investments, Total (Rev)	654M	1.67B	-267M	3.67B	4.05B
Other Revenues, Total	2.22B	713M	-549M	151M	1.02B
Total Revenues	19.44B	19.08B	15.23B	10.26B	12.62B
Policy Benefits	11.94B	11.94B	10.73B	5.14B	5.09B
Policy Acquisition / Underwriting Costs, Total	1.48B	1.27B	1.35B	363M	415M
Amortization of Goodwill and Intangible Assets - (IS)	27M	33M	33M	-	-
Selling General & Admin Expenses, Total	76M	72M	90M	3.05B	2.71B
Provision For Loan Losses - (Ins. / REIT / Utility Templates)	-19M	13M	-35M	-	-
Salaries And Other Employee Benefits	1.61B	1.42B	1.53B	-	-
Other Operating Expenses	997M	939M	1.04B	-48M	-245M
Reinsurance Income Or Expense	-	-	-	-236M	-198M
Total Operating Expenses	16.16B	15.67B	14.8B	8.75B	8.17B
Operating Income	3.28B	3.42B	428M	1.52B	4.45B
Interest Expense, Total	-511M	-521M	-612M	-	-3.2B
Currency Exchange Gains (Loss)	-434M	672M	766M	-	673M
EBT, Excl. Unusual Items	2.34B	3.57B	582M	1.52B	1.92B
Restructuring Charges	-72M	-31M	-27M	-	-
Total Merger & Related Restructuring Charges	-9M	-	-	-	-
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) on Sale of Assets	100M	53M	15M	16M	13M
Asset Writedown	-21M	241M	-8M	-	-
Other Unusual Items	12M	-	-	-	-
EBT, Incl. Unusual Items	2.35B	3.83B	562M	1.53B	1.94B
Income Tax Expense	423M	669M	85M	348M	334M
Earnings From Continuing Operations	1.93B	3.16B	477M	1.18B	1.6B
Earnings Of Discontinued Operations	-	127M	1.09B	-	-
Net Income to Company	1.93B	3.29B	1.56B	1.18B	1.6B
Minority Interest	-22M	-12M	-2M	-12M	-19M
Net Income - (IS)	1.9B	3.28B	1.56B	1.17B	1.58B
Preferred Dividend and Other Adjustments	59M	59M	58M	51M	66M
Net Income to Common Incl Extra Items	1.84B	3.22B	1.5B	1.12B	1.52B
Net Income to Common Excl. Extra Items	1.84B	3.09B	417M	1.12B	1.52B
Per Share Items
Net EPS - Basic	5.87	10.42	5.09	4.04	5.58
Basic EPS - Continuing Operations	5.87	10.01	1.41	4.04	5.58
Basic Weighted Average Shares Outstanding	314M	309M	296M	277M	272M
Net EPS - Diluted	5.87	10.41	5.09	4.04	5.58
Diluted EPS - Continuing Operations	5.87	10	1.41	4.04	5.58
Diluted Weighted Average Shares Outstanding	315M	309M	296M	278M	272M
Normalized Basic EPS	4.58	7.18	1.22	3.37	4.35
Normalized Diluted EPS	4.58	7.17	1.22	3.37	4.35
Dividend Per Share	3.73	2.49	2.79	3.2	3.44
Payout Ratio	24.79	14.95	31.5	42.58	48.26
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
EBITDA	3.34B	3.48B	495M	1.59B	4.53B
EBITA	3.31B	3.45B	461M	1.55B	4.49B
EBIT	3.28B	3.42B	428M	1.52B	4.45B
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	18.01	17.46	15.12	22.72	17.25
Total Current Taxes	497M	480M	64M	375M	140M
Total Deferred Taxes	-74M	189M	21M	-27M	194M
Normalized Net Income	1.44B	2.22B	362M	936M	1.18B
Non-Cash Pension Expense	-6M	-7M	-16M	-2M	-1M
Supplemental Operating Expense Items
Advertising Expense	68M	66M	85M	85M	85M
Selling and Marketing Expenses	68M	66M	85M	85M	85M
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Stock-Based Comp., SG&A Exp. (Total)	8M	6M	5M	5M	5M
Total Stock-Based Compensation	8M	6M	5M	5M	5M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Investment In Debt Securities	107B	95.92B	70.6B	66.13B	65.2B
Investment In Equity and Preferred Securities, Total	16.97B	18.88B	17.57B	10.15B	10.15B
Trading Asset Securities, Total	1.34B	991M	681M	49.39B	54.97B
Real Estate Owned	2.44B	2.72B	2.75B	2.62B	2.51B
Mortgage Loans	56.84B	60.71B	61.19B	21.39B	22.18B
Policy Loans	947M	937M	753M	-	-
Total Other Investments	-	-	-	101M	54M
Total investments	185B	180B	154B	150B	155B
Cash And Equivalents	12.38B	6.93B	6.67B	8.21B	6.93B
Reinsurance Recoverable - (IS)	1.22B	1.02B	1.13B	733M	680M
Other Receivables - (Insurance Template)	9.98B	8.71B	8.44B	42.3B	40.29B
Deferred Policy Acquisition Costs - (BS)	1.87B	1.89B	1.86B	-	-
Separate Account Assets	34.8B	39.26B	34.56B	-	-
Gross Property Plant And Equipment	884M	935M	996M	1.03B	1.07B
Accumulated Depreciation	-436M	-521M	-597M	-686M	-771M
Net Property Plant And Equipment	448M	414M	399M	348M	302M
Goodwill	533M	549M	871M	892M	869M
Other Intangibles, Total	320M	384M	410M	378M	360M
Restricted Cash	1B	803M	5B	3B	2.58B
Other Current Assets, Total	14.95B	10.54B	2.45B	2.49B	2.68B
Deferred Tax Assets Long-Term (Collected)	73M	47M	904M	146M	94M
Other Long-Term Assets, Total	754M	886M	863M	672M	525M
Total Assets	264B	252B	217B	209B	210B
Liabilities
Accrued Expenses, Total	533M	436M	496M	711M	673M
Insurance And Annuity Liabilities	123B	119B	111B	145B	148B
Unpaid Claims	6.87B	6.99B	7.25B	-	-
Unearned Premiums	459M	425M	408M	-	-
Reinsurance Payable - (BS)	327M	63M	55M	144M	112M
Current Portion of Long-Term Debt	1.68B	2.22B	6.26B	4.21B	2.8B
Long-Term Debt	9.94B	9.73B	8.89B	9.66B	8.73B
Long-Term Leases	335M	294M	255M	233M	229M
Separate Account Liability	33.32B	37.53B	32.26B	-	-
Current Income Taxes Payable	92M	65M	82M	29M	26M
Deferred Tax Liability Current	-9M	-4M	-5M	88M	191M
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	22.32B	19.66B	11.84B	12.54B	1.98B
Pension & Other Post Retirement Benefits	181M	144M	44M	53M	45M
Deferred Tax Liability Non-Current	6.34B	4.82B	428M	471M	573M
Other Non Current Liabilities	19.4B	15.25B	19.99B	14.62B	25.82B
Total Liabilities	225B	217B	199B	188B	189B
Common Stock, Total	39M	38M	35M	34M	32M
Additional Paid In Capital	12.57B	12.58B	12.58B	12.58B	12.58B
Retained Earnings	2.47B	4.04B	3.96B	-3.02B	-2.94B
Comprehensive Income and Other	23.41B	18B	1.19B	11.44B	11.89B
Total Common Equity	38.5B	34.65B	17.77B	21.04B	21.57B
Minority Interest	277M	266M	63M	79M	85M
Total Equity	38.77B	34.92B	17.83B	21.12B	21.65B
Total Liabilities And Equity	264B	252B	217B	209B	210B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	310M	305M	281M	274M	267M
ECS Total Common Shares Outstanding	310M	306M	281M	274M	267M
Book Value / Share	124	113.4	63.15	76.83	80.65
Tangible Book Value	37.64B	33.72B	16.49B	19.77B	20.34B
Tangible Book Value Per Share	121.25	110.34	58.59	72.19	76.05
Total Debt	11.95B	12.24B	15.4B	14.1B	11.76B
Net Debt	-428M	5.31B	8.73B	5.89B	4.83B
Debt Equivalent of Unfunded Proj. Benefit Obligation	167M	138M	40M	49M	41M
Debt Equivalent Oper. Leases	-	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	277M	266M	63M	79M	85M
Equity Method Investments, Total	5.67B	6.92B	6.56B	6.23B	7.04B
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	376M	413M	446M	462M	476M
Full Time Employees	11.79K	11.87K	11.92K	12.16K	13.5K
Part Time Employees	2.42K	2.62K	3.11K	3.03K	2.94K

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	1.9B	3.28B	1.56B	1.17B	1.58B
Depreciation, Depletion & Amortization	91M	84M	77M	82M	82M
Amortization of Goodwill and Intangible Assets - (CF)	27M	33M	33M	35M	38M
Total Depreciation, Depletion & Amortization	118M	117M	110M	117M	120M
Amortization of Deferred Charges, Total	39M	33M	36M	35M	37M
(Gain) Loss on Sale of Investments - (CF)	-654M	-1.67B	267M	-3.83B	-4.05B
Total Asset Writedown	-	-	-	-	-
Change in Trading Asset Securities	-54M	384M	241M	-	-
Change in Other Net Operating Assets (Collected)	5.17B	-4.05B	-8.86B	37M	-539M
Other Operating Activities	485M	-689M	-1.54B	2.53B	2.45B
Cash from Operations	7B	-2.59B	-8.18B	62M	-401M
Capital Expenditure	-51M	-47M	-38M	-	-
Sale of Property, Plant, and Equipment	2M	8M	4M	-	-
Cash Acquisitions	-539M	-314M	-547M	-18M	-3M
Divestitures	-	72M	1.51B	19M	-
Sale (Purchase) of Real Estate Properties (Collected)	110M	-32M	-36M	-143M	92M
Investment in Marketable and Equity Securities, Total	3.48B	1.92B	6.34B	3.92B	-1.03B
Net (Increase) Decrease in Loans Originated / Sold - Investing	-2.69B	-3.27B	-1.08B	758M	3.51B
Other Investing Activities, Total	235M	-171M	-77M	-	-
Cash from Investing	550M	-1.83B	6.08B	4.53B	2.56B
Long-Term Debt Issued, Total	5.14B	2.35B	10.58B	10.59B	8.06B
Total Debt Issued	5.14B	2.35B	10.58B	10.59B	8.06B
Long-Term Debt Repaid, Total	-5.55B	-2.02B	-6.82B	-12.44B	-10.17B
Total Debt Repaid	-5.55B	-2.02B	-6.82B	-12.44B	-10.17B
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-621M	-545M	-1.39B	-632M	-529M
Common Dividends Paid	-472M	-490M	-492M	-499M	-764M
Common & Preferred Stock Dividends Paid	-472M	-490M	-492M	-499M	-764M
Other Financing Activities, Total	-6M	-33M	-122M	-5M	-13M
Cash from Financing	-1.5B	-741M	1.76B	-2.99B	-3.41B
Foreign Exchange Rate Adjustments	-96M	-	-142M	-72M	-31M
Net Change in Cash	5.95B	-5.16B	-485M	1.54B	-1.28B
Supplemental Items
Cash Interest Paid	574M	634M	592M	762M	1.35B
Cash Income Tax Paid (Refund)	250M	397M	145M	270M	304M
Net Debt Issued / Repaid	-405M	327M	3.77B	-1.85B	-2.1B
Levered Free Cash Flow	2.98B	4.3B	-3.61B	-2.39B	-4.79B
Unlevered Free Cash Flow	3.3B	4.62B	-3.23B	-2.39B	-2.79B
Change In Net Working Capital	-1.13B	-2.38B	3.61B	3.49B	5.73B

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	0.8	0.83	0.11	0.46	1.33
Return on Total Capital	4.28	4.36	0.67	2.64	8.11
Return On Equity %	5.38	8.58	1.81	5.61	7.49
Return on Common Equity	5.2	8.45	1.59	5.33	7.12
Margin Analysis
Gross Profit Margin %	30.85	30.84	20.46	46.35	56.35
SG&A Margin	8.69	7.83	10.62	29.74	21.46
EBITDA Margin %	17.21	18.25	3.25	15.46	35.88
EBITA Margin %	17.03	18.08	3.03	15.11	35.57
EBIT Margin %	16.89	17.91	2.81	14.77	35.27
Income From Continuing Operations Margin %	9.91	16.57	3.13	11.54	12.69
Net Income Margin %	9.79	17.18	10.26	11.42	12.54
Net Avail. For Common Margin %	9.49	16.2	2.74	10.92	12.02
Normalized Net Income Margin	7.41	11.63	2.38	9.11	9.37
Levered Free Cash Flow Margin	15.32	22.52	-23.72	-23.28	-37.94
Unlevered Free Cash Flow Margin	16.97	24.23	-21.21	-23.28	-22.08
Asset Turnover
Asset Turnover	0.08	0.07	0.06	0.05	0.06
Fixed Assets Turnover	42.58	44.28	37.47	27.48	38.83
Receivables Turnover (Average Receivables)	25.56	29.26	28.13	26.91	19.77
Short Term Liquidity
Current Ratio	1.03	0.75	0.69	3.73	12.17
Quick Ratio	0.45	0.29	0.32	3.3	10.89
Operating Cash Flow to Current Liabilities	0.22	-0.09	-0.31	0	-0.07
Days Sales Outstanding (Average Receivables)	14.32	12.48	12.98	13.56	18.51
Average Days Payable Outstanding	179.39	197.06	216.38	12.16	8.51
Long Term Solvency
Total Debt/Equity	30.83	35.06	86.37	66.76	54.3
Total Debt / Total Capital	23.57	25.96	46.34	40.04	35.19
LT Debt/Equity	26.5	28.72	51.28	46.84	41.38
Long-Term Debt / Total Capital	20.25	21.26	27.52	28.09	26.82
Total Liabilities / Total Assets	85.3	86.12	91.79	89.89	89.71
EBIT / Interest Expense	6.43	6.56	0.7	-	1.39
EBITDA / Interest Expense	6.66	6.79	0.88	-	1.43
(EBITDA - Capex) / Interest Expense	6.56	6.69	0.82	-	1.43
Total Debt / EBITDA	3.51	3.46	28.63	8.63	2.57
Net Debt / EBITDA	-0.13	1.5	16.23	3.61	1.06
Total Debt / (EBITDA - Capex)	3.57	3.51	30.8	8.63	2.57
Net Debt / (EBITDA - Capex)	-0.13	1.52	17.46	3.61	1.06
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-4.1	1.82	-20.19	20.64	-4.24
Gross Profit, 1 Yr. Growth %	5.79	5.86	-47.05	45.65	-7.3
EBITDA, 1 Yr. Growth %	11.87	9.05	-85.78	100.13	0.58
EBITA, 1 Yr. Growth %	11.82	9.24	-86.64	103.81	0.52
EBIT, 1 Yr. Growth %	12.16	9.13	-87.48	108.82	0.45
Earnings From Cont. Operations, 1 Yr. Growth %	-2.97	74.65	-84.92	119.26	35.3
Net Income, 1 Yr. Growth %	-2.96	72.16	-52.35	-28.27	35.07
Normalized Net Income, 1 Yr. Growth %	-2.51	64.48	-83.69	103.92	26.44
Diluted EPS Before Extra, 1 Yr. Growth %	2.09	81.24	-85.9	145.14	38.12
Net Property, Plant and Equip., 1 Yr. Growth %	-3.66	-7.59	-3.62	-12.78	-13.22
Accounts Receivable, 1 Yr. Growth %	-21.73	0.7	-0.87	186.29	15.21
Total Assets, 1 Yr. Growth %	6.09	-4.61	-13.7	0.93	0.69
Common Equity, 1 Yr. Growth %	18.33	-9.98	-48.72	0.05	2.5
Tangible Book Value, 1 Yr. Growth %	18.8	-10.42	-51.1	0.11	2.87
Cash From Operations, 1 Yr. Growth %	77.72	-137.04	215.42	-100.76	-746.77
Capital Expenditures, 1 Yr. Growth %	-64.58	-7.84	-19.15	-	-
Levered Free Cash Flow, 1 Yr. Growth %	319.82	49.16	-184.07	-95.44	-62.48
Unlevered Free Cash Flow, 1 Yr. Growth %	219	44.45	-169.88	-95.44	-74.59
Dividend Per Share, 1 Yr. Growth %	390.79	-33.24	12.05	14.7	7.5
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-0.79	-2.97	-9.85	-26.66	21.79
Gross Profit, 2 Yr. CAGR %	2.63	1.89	-25.13	-10.09	47.57
EBITDA, 2 Yr. CAGR %	4.52	7.91	-60.63	-32.49	138.96
EBITA, 2 Yr. CAGR %	4.55	7.96	-61.8	-32.96	142.87
EBIT, 2 Yr. CAGR %	6.51	8.04	-63.03	-33.4	147.61
Earnings From Cont. Operations, 2 Yr. CAGR %	30.38	26.23	-48.68	-38.82	72.24
Net Income, 2 Yr. CAGR %	30.56	29.26	-9.43	-40.21	-1.57
Normalized Net Income, 2 Yr. CAGR %	-0.74	22.56	-48.21	-35.06	60.58
Diluted EPS Before Extra, 2 Yr. CAGR %	36.51	31.87	-49.45	-36.44	84.01
Net Property, Plant and Equip., 2 Yr. CAGR %	72.25	-5.64	-5.63	-8.32	-13
Accounts Receivable, 2 Yr. CAGR %	-20.49	-11.22	-0.09	-21.29	81.61
Total Assets, 2 Yr. CAGR %	8.45	0.6	-9.27	-8.87	0.81
Common Equity, 2 Yr. CAGR %	25.06	3.21	-32.06	-22.08	1.27
Tangible Book Value, 2 Yr. CAGR %	25.89	3.16	-33.82	-23.43	1.48
Cash From Operations, 2 Yr. CAGR %	67.68	-18.87	8.08	-84.54	-77.78
Capital Expenditures, 2 Yr. CAGR %	12.92	-42.87	-13.68	-	-
Levered Free Cash Flow, 2 Yr. CAGR %	-6.3	146.09	11.98	-25.43	-69.77
Unlevered Free Cash Flow, 2 Yr. CAGR %	-5.46	111.45	0.47	-28.11	-76.93
Dividend Per Share, 2 Yr. CAGR %	40.11	81.01	-13.51	13.36	11.04
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	2.42	-1.14	-9.09	-18.19	-12.88
Gross Profit, 3 Yr. CAGR %	1.76	1.11	-18.08	-5.06	6.52
EBITDA, 3 Yr. CAGR %	1.35	4.38	-45.09	-20.79	9.15
EBITA, 3 Yr. CAGR %	1.25	4.44	-46.2	-21.11	9.16
EBIT, 3 Yr. CAGR %	2.16	5.69	-47.32	-21.48	9.2
Earnings From Cont. Operations, 3 Yr. CAGR %	-3.33	40.81	-37.83	-13.21	-20.29
Net Income, 3 Yr. CAGR %	-3.37	43.17	-7.32	-14.93	-21.54
Normalized Net Income, 3 Yr. CAGR %	-3.6	14.93	-37.43	-11.48	-18.91
Diluted EPS Before Extra, 3 Yr. CAGR %	-1.81	46.97	-37.41	-9.87	-17.67
Net Property, Plant and Equip., 3 Yr. CAGR %	44.01	39.96	-4.97	-8.08	-9.98
Accounts Receivable, 3 Yr. CAGR %	-18.86	-13.97	-7.9	-14.55	-10.63
Total Assets, 3 Yr. CAGR %	5.12	3.91	-4.41	-7.47	-5.79
Common Equity, 3 Yr. CAGR %	16.28	12.08	-18.26	-18.24	-14.62
Tangible Book Value, 3 Yr. CAGR %	18.47	12.39	-19.57	-19.32	-15.51
Cash From Operations, 3 Yr. CAGR %	9.59	1.36	27.57	-79.31	-46.33
Capital Expenditures, 3 Yr. CAGR %	32.35	5.52	-35.86	-	-
Levered Free Cash Flow, 3 Yr. CAGR %	-21.15	8.19	72.03	-6.05	3.67
Unlevered Free Cash Flow, 3 Yr. CAGR %	-19.34	7.8	46.19	-9.28	-15.52
Dividend Per Share, 3 Yr. CAGR %	30.98	9.43	54.26	-4.98	11.37
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	6.65	5.79	-3.39	-12.27	-9.04
Gross Profit, 5 Yr. CAGR %	7.1	8.13	-11.35	-3.53	4.64
EBITDA, 5 Yr. CAGR %	7.85	11.22	-31.21	-12.32	8.65
EBITA, 5 Yr. CAGR %	7.84	11.23	-32.08	-12.53	8.68
EBIT, 5 Yr. CAGR %	7.73	11.09	-32.61	-12.14	8.74
Earnings From Cont. Operations, 5 Yr. CAGR %	3.84	21.59	-25.88	0.88	-4.2
Net Income, 5 Yr. CAGR %	4	22.49	-5.84	0.97	-4.2
Normalized Net Income, 5 Yr. CAGR %	6.01	17.52	-25.79	-8.54	-4.34
Diluted EPS Before Extra, 5 Yr. CAGR %	5.51	23.08	-25.64	5.1	-0.6
Net Property, Plant and Equip., 5 Yr. CAGR %	39.11	36.93	21.61	18.17	-8.27
Accounts Receivable, 5 Yr. CAGR %	15.24	10.74	-11.81	-16.98	-10.87
Total Assets, 5 Yr. CAGR %	10.22	8.35	-0.89	-1.4	-3.28
Common Equity, 5 Yr. CAGR %	12.4	7.91	-6.21	-3.09	-7.89
Tangible Book Value, 5 Yr. CAGR %	12.25	7.63	-6.15	-3.6	-8.49
Cash From Operations, 5 Yr. CAGR %	0.58	4.02	8.99	-52.22	-36.68
Capital Expenditures, 5 Yr. CAGR %	4.46	13.46	11.55	-	-
Levered Free Cash Flow, 5 Yr. CAGR %	-5.62	13.3	-9.88	-6.78	46.49
Unlevered Free Cash Flow, 5 Yr. CAGR %	-5.43	12.93	-12.47	-8.33	21.93
Dividend Per Share, 5 Yr. CAGR %	19.82	9.94	10.94	10.99	35.25